Ricoh (OTCMKTS:RICOY) Shares Down 1.5% – Time to Sell?

Shares of Ricoh Co. (OTCMKTS:RICOY) traded down 1.5% during mid-day trading on Thursday . The stock traded as low as $8.60 and last traded at $8.60. 110 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 136 shares. The stock had previously closed at $8.7345.

Ricoh Stock Down 1.5%

The company has a current ratio of 1.44, a quick ratio of 1.05 and a debt-to-equity ratio of 0.28. The firm’s fifty day moving average price is $8.80 and its 200-day moving average price is $9.09. The company has a market cap of $4.90 billion, a price-to-earnings ratio of 13.03 and a beta of 0.35.

Ricoh (OTCMKTS:RICOY) last posted its earnings results on Friday, November 7th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.03. Ricoh had a return on equity of 5.36% and a net margin of 2.28%.The firm had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.30 billion. Sell-side analysts predict that Ricoh Co. will post 0.53 earnings per share for the current year.

Ricoh Company Profile

Ricoh Company, Ltd. provides office, commercial printing, and related solutions worldwide. It operates through Digital services, Digital Products, Graphic Communications, Industrial Solutions, and Other segments. The company sells multifunctional printers (MFPs), laser printers, digital duplicators, wide format printers, facsimile machines, scanners, personal computers, servers, network equipment, related parts and supplies, services, and support and service and solutions related to documents.